True Shared Economy, Voicetech & the Gig Economy 🙌 👄 👌 #32

Welcome to the 32nd edition of this email. Did you know you can read past editions right here?

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True Shared Economy

WOW! Airbnb is about to turn 9. A great success and service.

They’ve still a way to go though to be a true “shared economy” example as their balance is still skewed towards the guest versus a balance with the property host.

As Airbnb drives for more hosts there’s greater supply of properties and the economies drive prices down. This leads hosts to compete on price and quite possibly opt-out of long term involvement.

The term ‘shared’ economy is about contribution from all players. After staying at a home, Airbnb’s questionnaire is just like a hotel’s. Airbnb has the opportunity to influence behaviour internationally with questions such as:

When leaving the host’s home did you leave something that’d delight the next guest?

What did you contribute to the home or host for the privilege of staying in their home?

If you’re designing new organisational systems, I imagine you’re putting in place a way to regularly seek and add shared value over time.

Here comes privacy.

As blockchains and other tech comes along to bring about greater individuals’ privacy, there’ll be more exposés on corporations selling data without customers’ full understanding. Quite possibly shared economy darlings such as Airbnb will be in the spotlight.

For your CEO and senior leaders

“We will definitely see a range of steady, incremental improvements in everyday AI. Online product recommendations will get better, your phone or car will understand your voice increasingly well and your vacuum cleaner robot won’t get stuck as often.”

“Instead of replacing jobs, our overall quality of life will go up. For example, right now few people can afford a personal assistant, or a full-time life coach. In the near future, we’ll all have (a virtual) one!

“It’s likely that a significant fraction of jobs will be under threat over the coming decade. It’s important to note that this won’t necessarily be divided by blue-collar versus white-collar, but rather by which occupations are easily automatable.”

Great online presence

Writing these emails continues to delight me. I’m adding this email and those sent in the past to LinkedIn as articles and possibly on Medium so people checking me out virtually ‘get’ what I’m fascinated by and my approach.